$RSSV serves China’s oil and refinery market thr
Post# of 94143
Posted On: 02/06/2015 9:23:00 AM
$RSSV serves China’s oil and refinery market through the acquisition, licensing and distribution of innovative and market ready technologies to improve tanker cleaner efficiency and oil recovery. RSSV actively identifies proven oil and gas cleaning and recovery technologies for licensing and distribution opportunities in its target market of Greater China.
RSSV’s technology platform provides its valued clients the opportunity to increase sales through oil recovery and reduce tanker-cleaning times. RSSV technologies are environmentally friendly, as they reduce the amount of oil waste sludge that has to be disposed of.
Worx America
Worx America designs automated solutions for industrial, environmental and energy industries to improve efficiency and systems output. In January 2015, RSSV purchased a 20% equity stake in Worx America and secured the Greater China marketing rights for Worx America’s technologies for a $2 Million USD investment.
The Worx automated robotic systems quickly clean and recover clean oil from container waste sludge, resulting in increased sales and decreased tank cleaning time. The Worx multiple-line of products and services give RSSV the capacity to offer proprietary solutions for onshore, offshore and subsea oil production, refining, cleaning and reclamation.
The Market
China’s rapidly expanding mainland oil refining industries are under government mandated environmental pressures. This is forcing oil refineries to modernize, clean up and extract more output or face closure. With China set to become a net oil exporter in 2015, the oil processing and refinery market will have to grow in order to match exportation goals. RSSV has the technologies and partnerships to help meet this demand and secure greater market share.
China’s oil consumption will continue to grow in order to keep up with its industrialization initiatives. Supplying oil to a country of over 3 Billion people requires major investments in refinery and processing facilities. With China’s oil demand set to grow 3 percent year-on-year to 534 million metric tons in 2015, the demand for RSSV technologies will increase as well.
RSSV’s technology platform provides its valued clients the opportunity to increase sales through oil recovery and reduce tanker-cleaning times. RSSV technologies are environmentally friendly, as they reduce the amount of oil waste sludge that has to be disposed of.
Worx America
Worx America designs automated solutions for industrial, environmental and energy industries to improve efficiency and systems output. In January 2015, RSSV purchased a 20% equity stake in Worx America and secured the Greater China marketing rights for Worx America’s technologies for a $2 Million USD investment.
The Worx automated robotic systems quickly clean and recover clean oil from container waste sludge, resulting in increased sales and decreased tank cleaning time. The Worx multiple-line of products and services give RSSV the capacity to offer proprietary solutions for onshore, offshore and subsea oil production, refining, cleaning and reclamation.
The Market
China’s rapidly expanding mainland oil refining industries are under government mandated environmental pressures. This is forcing oil refineries to modernize, clean up and extract more output or face closure. With China set to become a net oil exporter in 2015, the oil processing and refinery market will have to grow in order to match exportation goals. RSSV has the technologies and partnerships to help meet this demand and secure greater market share.
China’s oil consumption will continue to grow in order to keep up with its industrialization initiatives. Supplying oil to a country of over 3 Billion people requires major investments in refinery and processing facilities. With China’s oil demand set to grow 3 percent year-on-year to 534 million metric tons in 2015, the demand for RSSV technologies will increase as well.
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